Carbon Fiber Prepreg Market

ID: MRFR/CnM/4172-HCR

139 Pages

Chitranshi Jaiswal

October 2025

Carbon Fiber Prepreg Market Research Report Resin (Epoxy Resin, Phenolic Resin, Bmi Resin) Manufacturing Process (Hot Melt Process) End-Use (Automotive, Wind Energy, Sports & Leisure) – Forecast Till 2035

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Summary Table of Contents Segmentation Download PDF

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Carbon Fiber Prepreg Market Summary

As per Market Research Future Analysis, the carbon fiber prepreg market was valued at USD 7.5 billion in 2020 and is projected to reach USD 17.1 billion by 2030, growing at a CAGR of 10.4% from 2024 to 2032. The material is favored for its lightweight and superior mechanical properties, making it suitable for various applications in the aerospace, automotive, and sports industries. However, the market faced challenges during the COVID-19 pandemic due to supply chain disruptions and decreased demand in key sectors. The epoxy resin segment dominates the market, while the hot melt manufacturing process is the most widely used. North America holds the largest market share, driven by strong demand in the aerospace and automotive sectors, followed by the rapidly growing Asia-Pacific region.

Key Market Trends & Highlights

The carbon fiber prepreg market is witnessing significant growth driven by various factors.

Market value expected to grow from USD 7.5 billion in 2020 to USD 17.1 billion by 2030.
CAGR of 10.4% anticipated during the forecast period from 2024 to 2032.
Aerospace and defense industries account for the highest market value among end-users.
North America holds the largest market share due to strong demand in aerospace and automotive sectors.

Carbon Fiber Prepreg Market

CAGR

10.4%

Market Size & Forecast

2020 Market Size	USD 7.5 Billion
2030 Market Size	USD 17.1 Billion
CAGR	10.4%

Major Players

Cytec Solvay Group, Royal TenCate N.V., Teijin Limited, Toray Industries, Inc., Hexcel Corporation, SGL Group, Gurit Holding AG, Park Electrochemical Corporation, Mitsubishi Rayon Co., Ltd., Axiom Materials.

Carbon Fiber Prepreg Market Drivers

Rising Demand in Aerospace Sector

The Global Carbon Fiber Prepreg Market Industry experiences a notable surge in demand driven by the aerospace sector. The lightweight and high-strength properties of carbon fiber prepreg materials are increasingly favored for aircraft manufacturing. As of 2024, the market is valued at approximately 7.5 USD Billion, reflecting the aerospace industry's shift towards advanced composite materials to enhance fuel efficiency and reduce emissions. Major aircraft manufacturers are integrating carbon fiber prepreg into their designs, which is expected to contribute significantly to the industry's growth. By 2035, the market could reach 17.1 USD Billion, indicating a robust trajectory fueled by technological advancements and regulatory pressures for sustainable aviation solutions.

Key Companies in the Carbon Fiber Prepreg Market market include

Industry Developments

In January 2020, Mitsubishi chemical corporation (MCC) A Japanese chemical solutions provider announced the acquisition of a German carbon fiber prepreg manufacturing company, c-m-p GmbH, to strengthen its carbon fiber composite material business.

In February 2019, Teijin Ltd, a Japanese IT, and pharmaceutical company, announced the acquisition of Renegade Materials Corporation (Renegade), a leading North American supplier of highly heat-resistant thermoset prepreg for the aerospace industry.

Intended Audience

This report will be beneficial for every stakeholder of the carbon fiber prepreg market such as :

Carbon Fiber Prepreg Manufacturers

Research and Development Institutes

Raw Material suppliers

Traders and Distributors

End-user industries

Future Outlook

Carbon Fiber Prepreg Market Future Outlook

The Carbon Fiber Prepreg Market is projected to grow at a 7.78% CAGR from 2024 to 2035, driven by advancements in aerospace, automotive, and renewable energy sectors.

New opportunities lie in:

Develop innovative recycling processes for carbon fiber prepreg waste.
Expand applications in electric vehicle components for enhanced performance.
Invest in R&D for bio-based carbon fiber prepregs to meet sustainability demands.

By 2035, the Carbon Fiber Prepreg Market is expected to achieve substantial growth, reflecting evolving industry needs and technological advancements.

Report Scope

Report Attribute/Metric	Details
Market Size	2030: USD 17.1 billion
CAGR	2030: 10.4% CAGR
Base Year	2023
Forecast Period	2024-2032
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type, manufacturing process, and end user industry
Geographies Covered	Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa
Key Vendors	Cytec Solvay Group (Brussels, Belgium), Royal TenCate N.V. (Almeo, Netherlands), Teijin Limited (Osaka, Japan), Toray Industries, Inc. (Tokyo, Japan), Hexcel Corporation (Connecticut, U.S.), SGL Group (Wiesbaden, Germany), Gurit Holding AG (Wattwil, Switzerland), Park Electrochemical Corporation (Melville, U.S.), Mitsubishi Rayon Co., Ltd. (Japan), and Axiom Materials (California, U.S.)
Key Market Opportunities	The growing demand for fuel efficient car, along with the growing investment in the renewable energy sector
Key Market Drivers	The growing demand for carbon fiber prepreg in the end user industries

Market Highlights

Author

Chitranshi Jaiswal

Research Analyst Level I

In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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FAQs

How much will the global carbon fiber prepreg market be worth in the future?

The global carbon fiber prepreg market value is expected to be worth USD 17.1 billion by 2030. at a CAGR of 10.4 %

Which region leads the carbon fiber Prepreg market in terms of value?

North America holds the largest carbon fiber prepreg market share among other regions. The greater presence of aircraft and automobile manufacturing units makes it the leading regional segment.

Which end-user industry is expected to have the highest market value during the current forecast period?

The aerospace and defense segment of the global carbon fiber prepreg market is expected to have the highest market value over the current forecast period.

Who are the key players of the global carbon fiber Prepreg industry?

Cytec Solvay Group (Brussels, Belgium), Royal TenCate N.V. (Almeo, Netherlands), Teijin Limited (Osaka, Japan), Toray Industries, Inc. (Tokyo, Japan), Hexcel Corporation (Connecticut, U.S.), SGL Group (Wiesbaden, Germany), Gurit Holding AG (Wattwil, Switzerland), Park Electrochemical Corporation (Melville, U.S.), Mitsubishi Rayon Co., Ltd. (Japan), and Axiom Materials (California, U.S.)

What is the major driving factor behind the growth of the carbon fiber Prepreg market?

The growing demand for carbon fiber prepreg in different end-user industries owing to its several advantages is the major growth driving factor.

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